APPL chart analysis for for mid october apple is primed for more consolidation, mini inverted head and shoulders may form tomorrow sending the price up in to a bigger head and shoulder pattern forming the right shoulder. Rsi is on a down trend as of today. I except support to pick up at 216-217 when we hit the lowest trend formed over the past few months. I do not expect the lower trend line to break for even 1 bar it should be a clean tap and go. The chances of this happening overnight are high if a break under 220 occurs by mid day and we lower towards 217 that would be a signal for me to enter 5 minutes before close.
